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the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to create prosperity. we have to do that in a unified way because, even though the forecast can look bleak at different times, we have an incredibly resilient economy. great job create, out there given the chance which make a big difference. that is what we have to continue working on. melissa: jim, aren't you afraid of being punished either by the public or by the government for speaking out at this point? i mean i have talked privately to people on wall street who have said, you know, they feel like get pistol-whipped when
the economy is slow. we may or may not go over the fiscal cliff but regardless the economy has stalled and taxes are going up. i mean there is certainty. it is just not great certainty. >> you know, as a family-owned business after 91 years being in business we know that there's a business cycle. what we need to continue to advocate for as job creators is the virtue of free enterprise. we need to stand up for the principles that are going to allow us to provide our people employment, to...
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Dec 6, 2012
12/12
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economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen levels this thursday morning. taking a look at other markets in the asia-pacific, south korea's companiespy is 1949. let's take a look at australia. the benchmark index is lower by about.25%, 4508. let's see where china takes us when they open the next hour. >>> european commission regulators have imposed a fine worth almost $2 billion for running two price-fixing cars sells. they say it's the highest-ever anti-trust penalty in their history. the commission leaders said they fined six companies a total of $1.
economy eased. the nikkei index right now trading at 9521, a gain of over .5% from wednesday's close. traders said positive remarks about a fiscal cliff deal by president obama are aiding share prices. i guess port-related issues are leading the gains as the weakening trend of the yen is continuing. so let's take a look at the currency markets. the dollar is higher against the yen. that's on better than expected nonmanufacturing data out of the u.s. 82.40-43. euro/yen, that's in the mid 107 yen...
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find out what's really happening to the global economy with my stronger no holds barred look at the global financial headlines kaiser report. into business with me to me russia's richest all battling it out in london courts again billion as letting up outside in on a continuing that tug of war over north nicole and an arbitration case where more than a billion dollars. reports from the british capital. it's a clash of russian. but this case it's unlikely to be. which one told them months in the sun london law is at least a million pounds in fees this time it's two more billion paternity and. worth fourteen and a half billion and eight point eight billion dollars respectively according to forbes magazine. nickel the world's largest nickel and played and he's doing holder for time in for more than a billion dollars for violating his shareholder rights it's a conflict that's been going on for two years and on monday it went into arbitration here but it looks like it could be short and sweet because to say the two have already reached an agreement the terms would mean a restructuring of the co
find out what's really happening to the global economy with my stronger no holds barred look at the global financial headlines kaiser report. into business with me to me russia's richest all battling it out in london courts again billion as letting up outside in on a continuing that tug of war over north nicole and an arbitration case where more than a billion dollars. reports from the british capital. it's a clash of russian. but this case it's unlikely to be. which one told them months in the...
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that wouldn't have been possible without the city of london germany's a much more powerful economy than the british economy but they haven't got any pockets of undemocratic nepotistic rule which is untouched by the german government lord glasman morris glassman you know has long argued for for the rest of london the whole of london to be incorporated the city of london has always resisted expansion to allow the rest of london to be part of it so we right now and people living in london are actually living in the city of london you call the city of an . some corporation and undemocratic pocket within london as a whole other any other borrowers in the u.k. that are this similar type of exception to the general rule you know there's nothing like the corporation of london i don't think anywhere in the world i mean there are some anomalies we know of like the vatican and so on but they're very very distinct and we know about them the whole point of the corporation of london is people don't know about it people don't know what it does they don't know about its role as the financial crisis con
that wouldn't have been possible without the city of london germany's a much more powerful economy than the british economy but they haven't got any pockets of undemocratic nepotistic rule which is untouched by the german government lord glasman morris glassman you know has long argued for for the rest of london the whole of london to be incorporated the city of london has always resisted expansion to allow the rest of london to be part of it so we right now and people living in london are...
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i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not just about ising tacks. it is also about the debt ceiling. it is about unemployment insurance. we have number of key issues that absolutely have to be resolved byythe end of the month. i want to tell youomething, in spite of what it might look i'm actually optimistic i think this is the way negotiations happen. melissa: you are? >> in the political world, i am, i am. in the political world, you know 30 days is a litime. and so i believe that we will reach agreement. now what i don't believe will happen i don't believe we'll solve all the problem
i'm worried about stalling the economy. in the meantime when we talk about raising taxes and what it would do to small business. democrats like to point out we would only raise taxes on 3% of small business owners. >> right. melissa: but that 3% generates 50% of the inme from small business. so they're hiringhe majori of people. to me that is going to cost us jobs. >> well,ou know what? i think that what will cost us jobs for sure is if we go off thissfiscal cliff, because it is not...
SFGTV2: San Francisco Government Television
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Dec 3, 2012
12/12
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i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this conversation about companies devoted to schering physical space. the idea of using or facilitating, seven commercial space for nonprofits and that sort of thing. [inaudible] are there any modalities for sharing their? >> the question is there's a lot of vacant commercial space that could be mobilized for civil society, so is there a way to do that? >> i know of one company, loose cubes. i'm sure there's others that many of you know there. >> i see mark in the audience there. do you want to explain what liquid space does? i think it answers the question, actually. >> [inaudible] [laughter] >> mark reall
i would like to clarify -- this is not us versus them, new economy versus old economy. there is room for both of us. these are complete the experiences that someone would have in the old economy. the trick is figuring out what is different about this, making sure laws and regulations and policies apply reasonably to this new economy, and make sure that there is room carved out for both. >> thanks for making that point. one more question? >> [inaudible] i'm curious if this...
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Nov 29, 2012
11/12
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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how you strengthen an economy. i will suggest that we talked about how those ways can be used to strengthen the families out there. it has worked pretty well in texas for a decade. jenna: you mention the 40% vote he received for hispanics. what prevented you from getting more? >> i think the hispanic vote transitions to the middle class, in particular in the upper middle class. as they become substantially more financially at ease. they start looking at where is all of my money that i am supposed to be making going? as they make that decision, they want to know who mr. fica is. those individuals are becoming very upwardly mobile from a monetary standpoint. i think that there is a real opportunity for those people to become republicans. jenna: if your premises is correct, and texas should have no problem saying the republican states will follow. i was reading new york magazine about texas, he said without hispanic support, the republican party ceases to exist and republicans will no longer be the majority party of t
how you strengthen an economy. i will suggest that we talked about how those ways can be used to strengthen the families out there. it has worked pretty well in texas for a decade. jenna: you mention the 40% vote he received for hispanics. what prevented you from getting more? >> i think the hispanic vote transitions to the middle class, in particular in the upper middle class. as they become substantially more financially at ease. they start looking at where is all of my money that i am...
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economy. bill: a questionable cartoon featuring the rich stealing from the middle class. martha: two rising stars in the republican party laid out their vision for the future last night and for their party. >> we need to carry on and keep fighting for the american idea. the belief that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i've got a nice long life ahead. big plans. so wh
economy. bill: a questionable cartoon featuring the rich stealing from the middle class. martha: two rising stars in the republican party laid out their vision for the future last night and for their party. >> we need to carry on and keep fighting for the american idea. the belief that everyone should have the opportunity to rise. to escape from poverty. to achieve whatever your god-given talents and hard work enable you to achieve. wow. it's the honey, it makes it taste so... well, would...
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Dec 7, 2012
12/12
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>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must have your own loyalty program, right? well, we have something. show her, tom. huh? you should see november! oh, yeah? giving you more. now that's progressive. call or click today. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> well, you got to get your daily john mcafee update. you need a score card for this one. here we go. yesterday at this time we were getting reports that mcafee was rushed to the hospital from his jail cell in guatemala city. there
>> definitely still room to fix the economy. alison kosik for us at the new york stock exchange, thank you so much. >>> well, after weeks in hiding and on the run, john mcafee's bid for asylum in guatemala has been rejected. he may be deported back to belize. more on this bizarre case coming up. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spent there. genius. yeah, genius. you guys must...
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do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i. >> this cost the country about $8 billion, somewhere in the neighborhood $8 billion and 10,000 people were out of work but we shot a deal. people are going back to work. that is the good news. >>reporter: the big stores in the larger locations could get stuff late you forget there are a lot of smaller people, the guys at the smaller produce market would may have lost money. their stuff was sitting offshore or waiting to be loaded on and sat here for eight days. >>trace: thank you, adam. the millionaire software company founder wanted for questioning in
do we know how much damage this did to the economy? >>reporter: some of the damage never will be truly known because of the small businesses affected, the drivers that would have been here and stopped for lunch or breakfast and the drive across country would have stopped. there are some ships here but there are docks not totally full and a lot of empty ships, and they will be loaded today. a lot of them have been unloaded. the mayor here says no matter what happened, this was expense i....
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studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars because it's used a lot in media. it sounds good because it's a literal served want to wars but in fact it misleads people into thinking that once you run out of water whatever that means you then automatically reach for a kalashnikov and go to war waters we have seen over the past forty years at least if not more is that when people run out of water that is they haven't got enough water to raise the food that they need at home they're not no longer self-sufficient they then reach for trade because trade is quiet and invisible it doesn't raise any politics a country all the twenty countries of the mi
studies and author of the recent book the middle east water question hydro politics and the global economy also in london we have donna mustafa he is a reader in politics and environment at king's college london and in washington we cross to michael goodwin he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twenty five go to you first in london do you like the term water wars...
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stocks the economy no one no one has got the silver spike to put the zombie banks out of out of our misery well the fact is maybe snooki is going to be fine it's going to be the scum villages into which all the people are pushed because the bankers are building their own palaces their next door neighbors with baby snooki now he goes on to say and the whole then goes on to say if we are fortunate the cost of the crisis will be paid for by our children more likely it will still be being paid for by our grandchildren there is every reason why the general public ought to be deeply upset by what has happened and angry you see he's saying you're not only are your children but your grandchildren are going to be born in scum villages but this one thing getting you through your day is going to be kate's baby this is going to make you so happy and you know the fact is he saying it's as bad as world war two and it was during world war two that people were put in containers to go live nuisance people that people didn't like certain elites didn't like right well scapegoating it is part of any austerity
stocks the economy no one no one has got the silver spike to put the zombie banks out of out of our misery well the fact is maybe snooki is going to be fine it's going to be the scum villages into which all the people are pushed because the bankers are building their own palaces their next door neighbors with baby snooki now he goes on to say and the whole then goes on to say if we are fortunate the cost of the crisis will be paid for by our children more likely it will still be being paid for...
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Dec 4, 2012
12/12
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that the fiscal deadlock in washington is already starting to impact the economy. the "institute for supply management" says, manufacturing in the u-s shrank last month. meantime, on wall street today.. points to fall below 13- thousand. the nasdaq also fell..down eight -points.. and the s-and-p 500 lost close to seven. >> watching today's winners and losers with our financial expert, rob black u.s. auto sales. >> with hurricane sandy they can go out and purchase new. still, we are above 14.4 million. we are near 15 million. sales of gm are up 3.4% a bit weaker than expected. for was a 6.5% at toyota was up 70.2 percent, chrysler up to buy 40% your financing it has loosened up a little bit we of the oldest fleet in the nation. so car buying. chrysler was up by-14% and toyota was up 70%. >> singapore airlines is a toyota-17-- >> this is not fortune america. this is for more european and cities. this is not for urgent america. to gain access to the european union i understand it that this is a way for delta to benefit and expand more international flights. >> lindsey
that the fiscal deadlock in washington is already starting to impact the economy. the "institute for supply management" says, manufacturing in the u-s shrank last month. meantime, on wall street today.. points to fall below 13- thousand. the nasdaq also fell..down eight -points.. and the s-and-p 500 lost close to seven. >> watching today's winners and losers with our financial expert, rob black u.s. auto sales. >> with hurricane sandy they can go out and purchase new....
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines in two cars a report on. max kaiser welcome to the kaiser report people of the united kingdom listen to me that's in your future and your future is scum villages and while babies at the newspaper say will look like this. yes i'm a i have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the best name for this baby will be snooki. stating. yes max well of course it's a big budget day in the united kingdom and it's of course celebrating everywhere you look you cannot escape every single paper. and will and kate it's never ending but with this austerity budget and with the celebration all the newspapers are talking about like the baby is going to cost two million dollars a year the first year for clothes just for clothes and yet any of the mothers in england are being told or of the united kingdom are being told we're going to slash your benefits we're going to make sure you're not you
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines in two cars a report on. max kaiser welcome to the kaiser report people of the united kingdom listen to me that's in your future and your future is scum villages and while babies at the newspaper say will look like this. yes i'm a i have the eyes of a cold hearted lizard but so does your future eating the mud pies of austerity and let's not be coy i think the...
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what's really happening to the global economy. there are no holds barred the global financial headlines. is a report. see a story. you think you understand it and then something else you hear or see some other part of it and realize that everything is. i'm tom hardy welcome to the big show. plenty. plenty. plenty plenty plenty. plenty to. say. and listen to. the so i'm going. to mind you were talking about the politics of one. celebrity and. soon to a mother. and i go back to tony in london in the literature there's a term the age of easy water is over what does that mean. when the population of the world was a million and that was no pressure on resources when it was a billion and about eighteen hundred it also wasn't a really very big pressure on resources although smith was with but nothing else with the fools around at the same time did point out that we were doing difficult things to natural resources. and of course he was right but he was also wrong because as it turned out two hundred years later when the population was. si
what's really happening to the global economy. there are no holds barred the global financial headlines. is a report. see a story. you think you understand it and then something else you hear or see some other part of it and realize that everything is. i'm tom hardy welcome to the big show. plenty. plenty. plenty plenty plenty. plenty to. say. and listen to. the so i'm going. to mind you were talking about the politics of one. celebrity and. soon to a mother. and i go back to tony in london in...
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find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report on our. well. kelly. offers an air show and an easy was a matter you. most of the residents never profit from the performances you'll see of coming our signature there when you look up and there's one check in on you he alpha beta gamma he was all the the final trinitarian he's let me out there know what's going on so i can pinpoint. the dirt right now. shells become income mortal danger and a piece of art. stinks and it's just been making him three. bombs. on our team. the gold fever. turns thousands into slaves. but also among brotherhood involved and since i started working at the moment i stated. multinationals. trying to be milked dry at least i think that in this country gold medal as an environmental cost which is unacceptable you know to business was labeled illegal and controlled by criminals in order to protect our lives our families and to work in peace. we are forced to pay protection to illegal groups what price is
find out what's really happening to the global economy with mike's cause or for a no holds barred look at the global financial headlines tune into cars a report on our. well. kelly. offers an air show and an easy was a matter you. most of the residents never profit from the performances you'll see of coming our signature there when you look up and there's one check in on you he alpha beta gamma he was all the the final trinitarian he's let me out there know what's going on so i can pinpoint....
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche bank research two factors are responsible for the slowdown of the german economy the one for factory slowdown of x. product and the other is we can westmont evil ottman the west wonders declining for the last five quarters for the year two thousand and thirteen we expect export contribution of net exports of this negative to g.d.p. but what is the realty stable this consumption due to the good labor market situation and relatively high income growth compared to the previous years so the german economy should grow by slightly more than than the euro a
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines two kinds a report. welcome to business europe's largest economy germany has downgraded the south look for economic growth for this other next year with industrial production slowing the bonus bag sees g.d.p. to grow point seven percent rather than the previously forecast one percent two thousand and thirteen growth will be four times slower than anticipated hears. from deutsche...
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find out what's really happening to the global economy with. there are no holds barred look at the global financial headlines tune into a report. download the official. language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time that it. looks good in. science technology innovation all the list of melanin still around russia we've got the future covered. by. the book. if you. please. welcome back to ransack you're about to mind you were talking about the politics of water. if you. live. and i go back to tony in london in the literature there's a term the age of easy water is over what does that mean. when the population of the world was a million that was no pressure on resources well it was a billion and about eighteen hundred it also wasn't a really very big pressure on resources although smith was serious but not those with the fools around at the same time did point out that we were doing difficult things to natural resources. and of course he was right
find out what's really happening to the global economy with. there are no holds barred look at the global financial headlines tune into a report. download the official. language stream quality and enjoy your favorite. t.v. is not required to watch on t.v. all you need is your mobile device to watch on t.v. any time that it. looks good in. science technology innovation all the list of melanin still around russia we've got the future covered. by. the book. if you. please. welcome back to ransack...
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find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
find out what's really happening to the global economy cars a report on our. police be told language. programs and documentaries in arabic it's all here on. reporting from the world talks about six of the cia people interviews intriguing story to tell you.
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you are in the ability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on tw twitter people say i'm biased. i believe that the compromise that all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't come into play anymore in washington. too many pledges, too much ideology. i l am part of the 2% that's going to have to pay more. i have the highest effective tax rate possible, 48% for a variety of reasons. but i am willing to pay more because i used to pay more at one time and i'm grateful for what this country has done for me. i know that those of us are lucky enough to have done well in this country have had a really good run and it's time to show gratefulness, even if we think the government may be profligate with our money. enough already! i want others to do well too. so don't get the idea -- i'm not against the next guy doing better. the idea is that the small business person that everyone claims to be looking out for and the middle class people everyone p
you are in the ability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on tw twitter people say i'm biased. i believe that the compromise that all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't come into play anymore in washington. too many pledges, too much ideology. i l am part of the 2% that's going to have to pay more. i have the highest effective tax rate possible,...
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find out what's really happening to the global economy. look at the global financial headlines tune in to the reports. and you can see. the fun to. follow and welcome to crossfire thank you all about dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how beer will become as countries around the world so dr. koop. says. to talk about what some call the possibility of future water wars i'm joined by tony allen in london he is a professor of geography at the school of oriental and african studies and author of the recent book the middle east water question hi joe paul. in the global economy also in london we have done it he is a reader in politics and environment at king's college london and in washington we cross to michael cottman he is a south asia associate at the woodrow wilson international center for scholars all right gentlemen crosstalk rules in effect that means you can jump in any time one twe
find out what's really happening to the global economy. look at the global financial headlines tune in to the reports. and you can see. the fun to. follow and welcome to crossfire thank you all about dealing with an ever thirsty world media is fond of the dramatic term water wars when it comes to describing the future management of global water resources i wonder valued is water today and how beer will become as countries around the world so dr. koop. says. to talk about what some call the...
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find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cars a report on our. russia would be so much brighter if you knew more about someone from finest impression in some. news for instance on t.v. dot com.
find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cars a report on our. russia would be so much brighter if you knew more about someone from finest impression in some. news for instance on t.v. dot com.
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Dec 4, 2012
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and if you do, i think the american economy, i would be probably more optimistic about the american economy right now than certainly any part of the rest of the western world. so if you can get this sorted out, you can really move forward, and therefore, i think now that your elections are out of the way, i'm just speaking as an outsider, now your election is out of the way, there's going to be all this bargaining and positions, but my expectations, i hope, and the desire of the world, is sorted out, and we can move on, and then sort our own problems out. >> for those of us in the united states, we see sort of what seems to be two intractable issues. republicans saying we will not raise taxes on the top 2% of earners. the democrats say we're certainly not going to have cuts that hurt spending cuts that hurt the middle class. and as the proposals go on the table they seem intractable on it. >> they do. but you would expect them, the republicans to be more on the tax side and democrats to be more on the we're not cutting spending side. this is pretty routine type of argument. the question is,
and if you do, i think the american economy, i would be probably more optimistic about the american economy right now than certainly any part of the rest of the western world. so if you can get this sorted out, you can really move forward, and therefore, i think now that your elections are out of the way, i'm just speaking as an outsider, now your election is out of the way, there's going to be all this bargaining and positions, but my expectations, i hope, and the desire of the world, is...
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and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western european banks try desperately to make themselves sufficiently solvent under what to be fair is a rather arbitrary new set of regulations which aren't necessarily in themselves going cura anything ok do you think as a final question patrick do you think there will be a unique unified e.u. regulates rebuilding for the banking sector. there are obviously great attempts to create this an obviously we already have a rip in banking agency that's trying to get into one of the biggest problems arky i would say is just money i mean we have one european banking regulator that's trying to regulate the whole eur
and multiple other economies around the mediterranean and the euro zone itself banks are basically been left suddenly realizing that at the last that they've got to have this scrabble for cash and what they're going to be doing now is they're going to be sell anything armchairs asset eastern europe and bank subsidiaries you name it they are all going to be up for offer it what's going to be the incredible amazing discount sale of two thousand and twelve two thousand and thirteen oz western...
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Dec 2, 2012
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is the world economy prepared to deal with another oil shock? the answer is no. >> until we can develop alternative fuels for transportation, the world remains at the mercy of the oil markets. weaning ourselves off fossil fuels is a slow and expensive business. but there is a fossil fuel that is relatively cheap and also plenty full. natural gas. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. you can stay in and share something... or you can get out there and actually share something. ♪ the lexus december to remember sales event is on. this is the pursuit of perfection. i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans. hmmm. for giant hunger! thanks mom! see ya! whoaa...oops! mom? i'm ok. grandma? hi sweetie! she operates the h
is the world economy prepared to deal with another oil shock? the answer is no. >> until we can develop alternative fuels for transportation, the world remains at the mercy of the oil markets. weaning ourselves off fossil fuels is a slow and expensive business. but there is a fossil fuel that is relatively cheap and also plenty full. natural gas. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my...
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never will but basically olympus has made very large losses going back two decades when the bubble economy of japan burst they were left with securities on the books of value book value and changes in japanese accounting rules would have meant they would have had to realize those losses and therefore they did what's called the bashing in japanese to make it fly go away in the used secret of balance she's cheap vehicles to buy the assets at the book price but then they have to pay back the off balance sheet vehicles with real money and that's when the fraud came about these two transactions and now probably before we get into the broader issues probably some of our audience might be saying ok this guy came out with these revelations after he with fired why didn't he go to the authorities when he was c.e.o. if he wasn't getting his message across why did he come out later to the press to the financial times after he was fired i don't know if you've lived in japan or spent any time the have not no i mean japan is truly an alice in wonderland works to a different set of rules to anywhere else
never will but basically olympus has made very large losses going back two decades when the bubble economy of japan burst they were left with securities on the books of value book value and changes in japanese accounting rules would have meant they would have had to realize those losses and therefore they did what's called the bashing in japanese to make it fly go away in the used secret of balance she's cheap vehicles to buy the assets at the book price but then they have to pay back the off...
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Dec 2, 2012
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it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in america states could point out they subsidize states like alabama, mississippi and montana. states that are the most fervent advocate of states rights and small government. we'll take you to one of africa's most trouble ed nation next. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never bee
it's the economy at heart. according to leading daily only 57% of national taxes paid by catalon is returned. the lest is filtered to spain. the scotts believe that breaking away now would rid them of london's us a tausterity plans. they are careful to calculate the costs and benefits. last year scotts were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. adam smith, a scott, if we apply that logic in...
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Dec 3, 2012
12/12
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last quarter, profits made up 11% of the economy. and that number has been rising over the past decade. now, on the right side, you see wages as a percentage of gdp. that number has been falling. and last quarter, it hit a record low. now, brooke. part of this is because some higher paying jobs have gone overseas. and it is also because the labor market hasn't bounced back from the recession like other parts of the economy have, take for instance housing. brooke? >> those graphs really tell the story clearly. and i want to ask you about something else, maribel, while i have you. we're used to hearing about trouble when it comes to your traditional newspapers, sadly. but now we're hearing about an online paper that targeted the cutting edge tablet user crowd, that's going away. tell me about that? >> that's right, brooke. it seems digital road is apparently not paved in gold. news corp. is folding the daily. it made a big splash last year when unveiled because it was only for the ipad. this is ironic because in this day and age you th
last quarter, profits made up 11% of the economy. and that number has been rising over the past decade. now, on the right side, you see wages as a percentage of gdp. that number has been falling. and last quarter, it hit a record low. now, brooke. part of this is because some higher paying jobs have gone overseas. and it is also because the labor market hasn't bounced back from the recession like other parts of the economy have, take for instance housing. brooke? >> those graphs really...
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starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't understand they only have the if they have the sound of one hand clapping they don't understand the economy.
starts to grow again will mean this debt back into the economy and nobody will notice but the economy's not growing so the black hole of debt is getting bigger and there's and here's here's the rub stacey is that the low interest rates that the central bankers claim they are forced to implement due to what they call deflation is causing deflation ok quantitative easing and zero interest rate policies do not fight deflation they cause deflation ok that's what these central bankers don't...
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Nov 30, 2012
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the american economy is on the line. this is a moment for adults leadership. megyn: is there a political risk to the president? is there a political risk to him in looking a little too bashful little too smart, as they say, when it comes to this game? >> sure, there are political risks all around for both sides. he saw the president today. he has been doing this and will be doing more of it. trying to clean outside game and put pressure on and make the public put pressure on members of congress to deal with that. and to back his proposal. which she thinks the election gave him a mandate to do that. there are political risks all across the board. there is no telling who will get when or how this will shake out. megyn: the polls say that the republicans will get blamed. the polls say that the majority of americans will blame the house republicans. it is not clear whether the house republicans care what they say -- the big answer to the folks in their districts. nonetheless, do they stand blameless even right now? they are pointing at the president, saying that t
the american economy is on the line. this is a moment for adults leadership. megyn: is there a political risk to the president? is there a political risk to him in looking a little too bashful little too smart, as they say, when it comes to this game? >> sure, there are political risks all around for both sides. he saw the president today. he has been doing this and will be doing more of it. trying to clean outside game and put pressure on and make the public put pressure on members of...
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Dec 7, 2012
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the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers. what is the dow doing? >> we are not seeing the wind go in a strong direction towards the positive direction. you are seeing a mixed bag with stocks now. that's because, you know, despite the huge shocker of this report that was a surprise to the upside, investors see it is they are going to be cautious about this because the reality is you look at that jobs report and a lot of those jobs that were added were seasonal ones. retail, travel and leisure. guess what. the real question here is how many of those jobs are going to go away putt
the economy can afford it. now the gdp growth number is not as strong as the jobs report. but if we a weak jobs report, then i think the president would have a really, really hard time getting people, even moderate democrats, to increase the marginal rate. the fact it is a strong report, i think, puts wind in the sails. >> wind in his sails. that's not necessarily what the speaker was saying. let's get straight total son kosik live at the new york stock exchange. >> raw numbers....
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oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when the stock market pull on which to over a week on hearing most is announcement in the next decade the shins are still small school shopping days it even coalesce around the turn first thing down this isn't mutual have and this is the last is most of the funny outgoing he comes i am after we are going to take on food for the billionaire how would you compare egypt's economy now to walsh from the. father stages that a company was somewhat steve leung that mubarak. was sixty five on six at sinful bank now we'll still down fifteen point five billion dollars and this is a huge cut that with his own hand in
oppressive regime are planning to march on the presidential palace and choose day meanwhile egypt's economy is deteriorating as economist explained to r.t. tom barton in cairo. with protests continuing around the clock both for and against a gyptian president mohamed morsi the country sick. komi is facing increasing troubles with me to discuss this is very the time lapse an economist here in congress had a thank you for joining me think first of all tell us briefly what was really going on when...
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Dec 7, 2012
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i know it's in the best interest of our economy and the world. everyone is looking to the united states for leadership and this president has exerted so much leadership, we need to continue that. it's not one party benefiting over another. it's for all americans to benefit for our economy to repair itself and for us to get on with taking care of the people that we represent. >> now, john boehner, e.j., some reports say he's been receiving a lot of is support from his caucus. others are saying that some of those are still holding a lot of strength and they've got to watch their back that they are not undermined and given candidates in primaries against them as they go forward. what is the state of the republican party and how will that impact these discussions? >> well, i think two things are true at the same time. the tea party conservatives haven't gone away. some of them lost but most of them got re-elected and so they are going to put pressure on boehner. the talk show host, particularly rush limbaugh, are going to be out there talking negativ
i know it's in the best interest of our economy and the world. everyone is looking to the united states for leadership and this president has exerted so much leadership, we need to continue that. it's not one party benefiting over another. it's for all americans to benefit for our economy to repair itself and for us to get on with taking care of the people that we represent. >> now, john boehner, e.j., some reports say he's been receiving a lot of is support from his caucus. others are...
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what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most places and with the holidays coming up. it said that the outlook for retail sales was mostly upbeat. shep? >> shepard: what's with the sirens? is the place on fire? >> no. there is escort going out here from the white house. >> you don't have much clout there. >> the vice president apparently is leaving. >> shepard: he might as well. what will the fed do with today's report? it has a meeting in a couple of weeks, you know. >> this was okay report. more importantly it was not strong enough for the fed to back off stimulus programs keeping intere
what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most...
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but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal without it. >> reporter: house republicans are adamant, no tax rate increases. >> we're willing to put revenues on the table. revenues that come from closing loopholes, getting rid of special interest deductions and not raising rates. >> reporter: but what the republicans are offering sounds a lot like what the president wanted during last year's budget showdown. >> give us $1.2 trillion in additional revenues, which could be accomplished without hiking tax rates by eliminating loopholes, eliminating some deductions. >> reporter: today, however, the president says those move
but on january 20th, he'll face a stagnant economy and a fiscal mess. you might even say he'll inherit these problems. >> reporter: there's a lot of bah humbug in washington, d.c. these days. 'tis the season to be surly. the president told bloomberg television that without tax rates going up on the wealthiest americans, there will be no deal to avert going over the fiscal cliff. >> we're going to have to see the rates on the top 2% go up. and we're not going to be able to get a deal...
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Dec 2, 2012
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to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of the people at heart. over the last ten years what they've seen is their own income, family income, has not kept up with the enormous pace of the growth of the economy. they feel ultimately they're not winning out. what the government has to do is figure out a way to reassure people that they are in fact the number one priority. you've heard this over and over again in the first language from this new president. when he gave the first speech he put aside some of the old language about socialism and chinese characteristics and a h
to a consumption economy. they need to free up some sectors, stop subsidizing state owned banks and national champions, they need to do political reform. but what do they think they need to do? >> if you talk to people on the street in beijing these days where i love, what you hear from people over and over again is fundamentally the same thing. they want their expectations of this government to be fulfilled. they want to know fundamentally that this government has the best interest of...